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31 High Street, Glen Iris, VIC, 3146

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31 High Street, Glen Iris, VIC, 3146

31 High Street, Glen Iris, VIC, 3146

Properties / Buy / Victoria / Glen Iris
Tenanted Investment

1. Property Summary

Selling Method
Private Sale
Selling Details
CONTACT AGENT
Land Area
225 m² (*approx)
Floor Area
140 m² (*approx)
Property Type
Retail, Land, Other
Sub-type
Strip Retail, Cafe/Restaurant, Mixed Use
Terms
Three (3) Year term commencing from July 2023, Two (2) further terms of three (3) years
Est. Income
$60,000 p/a
Fully Leased
Kenichi Okumura & Atsuki Hiriat trading
Show All

2. Property Highlights

FREEHOLD INVESTMENT WITH UPSIDE
  • RETURNING $62,400 PA NET
  • 3 YEAR LEASE FROM JULY 2023
  • ZONED COMMERCIAL 1

Crabtrees Real Estate are pleased to offer 31 High Street, Glen Iris to the market For Sale.

This securely tenanted investment offers Commercial 1 Zoning and is situated near major arterials such as Monash Freeway and Warrigal Road making it ideal for future development.

Lease Details:

+ Leased to Kenichi Okumura & Atsuki Hiriat trading as Izakaya Chouchou

+ Rental income of $62,400 per annum plus GST and Outgoings

+ Three (3) Year term commencing from July 2023

+ 4% annual increases

+ Two (2) further terms of three (3) years

Key Property Features:

+ Main road freehold with site area of 225 sqm*

+ Prime retail space of 140 sqm*

+ Commercial Kitchen Fit-out

+ Front and rear lane access

+ Commercial 1 Zoning ideal for mixed used redevelopment

+ Within a short distance to Monash Freeway Entrance

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Land, Other
Sub-type
Strip Retail, Cafe/Restaurant, Mixed Use
Est. Income
$60,000 p/a
Tenant
Kenichi Okumura & Atsuki Hiriat trading
Terms
Three (3) Year term commencing from July 2023, Two (2) further terms of three (3) years
Land Area
225 m² (*approx)
Floor Area
140 m² (*approx)
Selling Method
Private Sale
Selling Details
CONTACT AGENT

2. Property Highlights

FREEHOLD INVESTMENT WITH UPSIDE
  • RETURNING $62,400 PA NET
  • 3 YEAR LEASE FROM JULY 2023
  • ZONED COMMERCIAL 1

Crabtrees Real Estate are pleased to offer 31 High Street, Glen Iris to the market For Sale.

This securely tenanted investment offers Commercial 1 Zoning and is situated near major arterials such as Monash Freeway and Warrigal Road making it ideal for future development.

Lease Details:

+ Leased to Kenichi Okumura & Atsuki Hiriat trading as Izakaya Chouchou

+ Rental income of $62,400 per annum plus GST and Outgoings

+ Three (3) Year term commencing from July 2023

+ 4% annual increases

+ Two (2) further terms of three (3) years

Key Property Features:

+ Main road freehold with site area of 225 sqm*

+ Prime retail space of 140 sqm*

+ Commercial Kitchen Fit-out

+ Front and rear lane access

+ Commercial 1 Zoning ideal for mixed used redevelopment

+ Within a short distance to Monash Freeway Entrance

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Joe Monea
Joe Monea
+61 *** *** *** show +61 448 486 665
Message
+61 448 486 665 jmonea@crabtrees.com.au Message
Grant Tishler
Grant Tishler
+61 *** *** *** show +61 417 552 919
Message
+61 417 552 919 grant@crabtrees.com.au Message

Download Development Site Report
Joe Monea
Joe Monea
+61 *** *** *** show +61 448 486 665
Message
+61 448 486 665 jmonea@crabtrees.com.au Message
Grant Tishler
Grant Tishler
+61 *** *** *** show +61 417 552 919
Message
+61 417 552 919 grant@crabtrees.com.au Message

3. Property Location

31 High Street, Glen Iris, VIC, 3146

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31 High Street, Glen Iris, VIC, 3146 Glen Iris
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Crabtrees Real Estate
Crabtrees Real Estate
20-22 Atherton Road Oakleigh VIC 3166
Joe Monea
Joe Monea
+61 *** *** *** show +61 448 486 665
Grant Tishler
Grant Tishler
+61 *** *** *** show +61 417 552 919
Enquire
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